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EURO-USD

EURO vs U.S DOLLAR Simple Outlook the pair made a new lower low yesterday at 1.1103 then started to rebound massively making a new higher high @1.1204 and higher low @1.1146 which gave our new up trend more power that needed to break the always strong resistant 1.1200 and close above it next week.. Also it could try to make a small correction after hitting the simple MA 200 at 1200 the correction may reach 1.1180 but breaking there will lead the price to 1.1160 before going long again reaching our waited target at 1.1230:1.1246 Facebook Page: www.facebook.com
Long
by rocketinvest
GBPUSD - Brexit pendingWill be taking a long position on GBP/USD based on the following reasons: - Bullish hammer candle on Weekly TF. - Rejection of 0.786 fib - Respected ascending trendline You might be thinking that I am super crazy by taking this trade, especially with the referendum only a couple of days away, however I feel as though the UK will not be leaving the EU and this is purely my opinion. I am willing to take on a higher risk as the risk/reward ratio is a lot higher. I expect a 1500 pip move as a minimum, which would blow away some really key levels regardless of which way the vote goes. If you are taking a similar trade and running the risk, ensure that your brokers either have a guaranteed stop loss or a NBP (negative balance protection) to ensure that you do not end up with a blown account. Trade safe
Long
by ApolloFX